• 331 - Should I Become a Minority Owner?

  • Feb 26 2025
  • Length: 38 mins
  • Podcast

331 - Should I Become a Minority Owner?

  • Summary

  • An associate DVM has the chance to buy 40% of their practice, but with a husband-and-wife ownership team, leadership struggles, and a toxic team dynamic, is it the right move? In this episode of the Uncharted Veterinary Podcast, Dr. Andy Roark and Stephanie Goss break down the risks and rewards of minority ownership in a veterinary practice—from decision-making power (or lack of it) to financial pitfalls and the legal must-haves before signing anything. If you’re considering buying into a practice, this episode is packed with hard truths, action steps, and expert advice to help you make the right call. Let's get into this episode!

    Uncharted Regional Leader’s Summit 2025: Elevate Your Leadership

    Regional veterinary leaders—this one’s for you! On March 25, 2025, Uncharted Veterinary Conference is hosting a one-day virtual summit designed to help you tackle the biggest challenges in multi-location leadership. Start the day with Dr. Andy Roark’s expert session on coaching practice managers and medical directors. Dive into interactive case studies, exploring real-world issues like balancing operations with people management, ensuring hospital accountability, and strengthening collaboration across locations. Wrap up with actionable solutions, goal-setting, and change management strategies, and stay connected with an exclusive online community for continued support. Expect an engaging, high-energy experience, guided by Tyler Grogan, CVT, designed to keep you learning, networking, and growing. Register here: https://learn.unchartedvet.com/products/live_events/regional-leaders-summit-2025

    Master Conflict Resolution and Build Stronger Teams

    Let’s be real—conflict is inevitable in a busy veterinary practice. Whether it’s front-vs-back team tension, communication breakdowns, or difficult conversations, disagreements can disrupt the workplace. But with the right tools, they can also become opportunities for growth. The Conflict Resolution Certificate program is designed for managers and staff alike, equipping your team with practical skills to handle tough conversations with confidence, improve communication, and foster collaboration. This program helps transform workplace friction into progress, creating a healthier, more productive practice culture. Uncharted members get exclusive access! Ready to turn tension into teamwork? Learn more and enroll here: https://www.vetfolio.com/learning-paths/conflict-management-essentials-for-veterinary-teams

    Upcoming events: unchartedvet.com/upcoming-events/

    All Links: https://linktr.ee/UnchartedVet

    Do you have something that you would love Andy and Stephanie to discuss on the podcast? If so, send us a message through the mailbag! Submit it here: unchartedvet.com/mailbag

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